The purpose of the Legal Environment of Business II is to enable students to develop an understanding and knowledge of the law in the areas of sales, property, wills and estates, negotiable instruments, insurance, secured transactions, bankruptcy, agency and employment, business organizations, and emerging trends and issues. In addition, the course is designed to enable students to better comprehend the rules of conduct they can reasonably expect from others, as well as the conduct others may expect from them in various business situations.